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Updated about 3 years ago on . Most recent reply

Joseph Romano's profile image
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Joseph Romano
  • New to Real Estate
  • from Traverse City, MI
  • Member since Jan 27, 2021
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Joseph Romano's profile image
Joseph Romano's profile image
Joseph Romano
  • New to Real Estate
  • from Traverse City, MI
  • Member since Jan 27, 2021
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Joseph Romano
  • New to Real Estate
  • Traverse City, MI
17
Votes |
46
Posts
Personal Finance

Creating a Budget With Fluctuating Income

Joseph Romano
  • New to Real Estate
  • Traverse City, MI
Posted

I work as a car salesman and I'm trying to create a budget but am having a hard time because my income can fluctuate month to month. Can anyone help with creating a budget for a variable income?

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Caroline Gerardo's profile image
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Caroline Gerardo
  • Lender
  • from Laguna Niguel, CA
  • Member since Mar 2, 2015
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Caroline Gerardo's profile image
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Caroline Gerardo
  • Lender
  • from Laguna Niguel, CA
  • Member since Mar 2, 2015
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Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
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Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
Replied

How long selling cars? In Ohio it's probably seasonal? The dealer you work for has lots of inventory?

Take your annual income 2019 2020 plus year to date commissions for selling cars and divide by 34 =

the average. What is the worst month? Add the worst plus that number and divide by two = what your

nut probably really is to deal with. This past year you maybe didn't work due to Covid?  

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